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GENEVA (AP) — Four times as many jobs were lost last year due to the coronavirus pandemic as during the worst part of the global financial crisis in 2009, a U
Tentative signs of recovery are emerging in global labour markets, following unprecedented disruption in 2020 due to the Covid-19 pandemic, according to the latest report from the International Labour Organization (ILO).
The International Labor Organization estimated that the restrictions on businesses and public life destroyed 8.8 percent of all work hours around the world last year.
ILO: Global Labour Markets Shows Modest Signs of Recovery Published January 27th, 2021 - 09:30 GMT The latest figures show that 8.8 per cent of global working hours were lost for the whole of last year (relative to the fourth quarter of 2019), equivalent to 255 million full-time jobs. (Shutterstock) Tentative signs of recovery are emerging in global labour markets, following unprecedented disruption in 2020 due to the Covid-19 pandemic, according to the latest report from the International Labour Organization (ILO). New annual estimates in the seventh edition of the ILO Monitor: Covid-1...
Labour markets on recovery path after Covid shock: ILO GENEVA, Switzerland, January 27, 2021 Tentative signs of recovery are emerging in global labour markets, following unprecedented disruption in 2020 due to the Covid-19 pandemic, according to the latest report from the International Labour Organization (ILO). New annual estimates in the seventh edition of the ILO Monitor: Covid-19 and the world of work confirm the massive impact that labour markets suffered in 2020. The latest figures show that 8.8 per cent of global working hours were lost for the whole of last year (relative to the fou...